Yearly Archives: <span>2023</span>

Michigan Judge Rejects Agency’s Bid to Shield Pro-Union Starbucks Workers From Firing

A federal judge in Detroit on Thursday dealt a blow to a U.S. labor agency by drastically narrowing his recent order that had barred Starbucks Corp SBUX.O from retaliating against pro-union workers nationwide to cover only one Michigan store. U.S. …

Norfolk Southern Cleared by EPA to Resume Ohio Waste Shipments

Norfolk Southern Corp. this week can resume shipments of hazardous waste from the site of its freight train derailment in Ohio, a US official said Sunday. Federal officials ordered the railroad last week to pause waste removal at the site, …

Berkshire Hathaway Reports First Underwriting Loss Since 2017, Drop in GEICO Staffing

Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating results from the conglomerate’s personal lines insurer GEICO. In fact, while GEICO’s pretax underwriting loss …

Lindberg Indicted on New Federal Charges of Skimming From His Insurance Companies

North Carolina business and insurance magnate Greg Lindberg has been indicted again on federal criminal charges, this time on accusations that he conspired to skim large amounts of money from his insurance companies, then lied about it to regulators to …

Florida’s Universal Insurance Bounces Back in Q4 After Hurricane Ian Losses

Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous quarter. On a per-share basis, the Fort Lauderdale, …

Kentucky Senate Votes to Provide Teachers with Liability Insurance for Lawsuits

The Kentucky Senate voted Friday to provide teachers with liability insurance coverage as a cushion against financial losses when forced to defend themselves against work-related lawsuits. The bill would require Kentucky school districts to provide teachers with primary liability insurance …

Florida City’s Insurance to Pay $2 million in Settlement in Fatal Police Shooting

A South Florida city has reached a $2 million settlement with the family of a Black motorist who was fatally shot by a police officer after his vehicle broke down on an interstate off-ramp more than seven years ago. The …

New Jersey Beach Town Fined $12M Over Unapproved Past Construction Work

NORTH WILDWOOD, N.J. (AP) — The sandstorm being waged between New Jersey environmental officials and a defiant shore town bolstering its dunes without state permission is intensifying. The state Department of Environmental Protection said Thursday that it has fined North …

E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year

Lithium ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and two deaths in New York City this year, four times the number of fires linked to the batteries by this …

Worker Killed in High Rise Condo Balcony Collapse

A balcony on a high rise condominium on the New Jersey shore collapsed onto a lower balcony, killing a construction worker, authorities said. Officials in Sea Isle City said the eighth-floor balcony at the Spinnaker condominium collapsed onto the seventh-floor …